Details
Viewings
Property Summary
  • A retail investment.
  • Comprising ground floor retail and first floor gym accommodation.
  • Extending to approximately 400 sq. m (4,306 sq. ft).
  • Ground floor let to an individual t/a Centra.
  • Lease expiry 2037.
  • First floor let to an individual t/a Lusk Fitness.
  • Lease expiry 2020.
  • Total current rent reserved €81,200 per annum.
  • Total current rent passing €72,800 per annum.
Location
  • Lusk is a north Dublin commuter town.
  • The town is situated approximately 21km north of Dublin city centre and some 11.5km south of Balbriggan.
  • The area is served by the M1 Motorway providing direct access to Dublin city centre and Drogheda. Public transport links in the area include Lusk Train Station with regular commuter services to Dubin and the surrounding towns.
  • The property is situated within the Dun Emer development.
  • Surrounding area is predominantly residential.
Description

The property is arranged over ground and first floors to provide a detached retail building. Internally the property comprises ground floor retail accommodation together with a first floor gym.

VAT
Please refer to the legal documents.
Accommodation & Tenancies
No Present Lessee Accommodation Sq.m (Sq.Ft) Lease Terms Current Rent Reserved € p.a.
    Total  400 sq. m (4,306 sq. ft)    €81,200 p.a. (2)
1 An individual t/a Centra Retail  175 sq. m  (1,884 sq. ft) 

30 years from 01.01.2008

5 yearly rent reviews

Break option in 2020

FRI terms

€50,000 p.a. (1)
2 An individual t/a Lusk Fitness Gym 225 sq/ m (2,422 sq. ft)

25 years from 01.01.2007

No breaks

FRI terms

€31,200 p.a.

(1) We are informed by the Vendor that the current rent passing from the retail unit  is €41,600 p.a.

(2) The total rent passing is therefore €72,800 p.a.

BER No.

Available from BidX1

Energy Performance Indicator

441.34 kWh/m²/yr 0.99 - 963.93 kWh/m²/yr 1.31



No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the vendor. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor.

BIDDING HAS CLOSED
Bid History 0
Bidder Amount Date
Viewings & Registration Enquiries
BidX1 Support Team
info@bidx1.com
+353 (0)1 667 3388
Useful links
Property Enquiries
Thomas O'Dowd
thomas.odowd@bidx1.com
+353 (0)1 667 3388
Vendor Solicitor
Michael O'Loughlin
michael@mdol.ie

Messrs M. D. O'Loughlin & Co Solicitors

Tel: +353 (0)1 286 2909.

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